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MAN Manroy

85.00
0.00 (0.00%)
01 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Manroy LSE:MAN London Ordinary Share GB00B4L12X65 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 85.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Contract Win (5391J)

01/07/2011 7:00am

UK Regulatory


Manroy (LSE:MAN)
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TIDMMAN

RNS Number : 5391J

Manroy PLC

01 July 2011

FOR IMMEDIATE RELEASE

1 July 2011

MANROY PLC

GBP1.6M MOD SPARES CONTRACT

Manroy Plc ("Manroy") (AIM:MAN), the leading UK machine gun manufacturer, announces that it has signed a further contract with the UK Ministry of Defence ("MoD") to supply spare parts for the 0.5" calibre Heavy Machine Gun ("HMG"). The contract value is GBP1.6 million and delivery of the spare parts will commence as soon as production capacity allows. This is expected to be within the current financial year ending 30 September 2011.

Glyn Bottomley, Manroy's Chief Executive, said: "I am pleased that we have secured a further contract with the MoD to continue the supply of spare parts. This is a valuable win for us and further demonstrates the strength of our ongoing relationship with the MoD."

For further information please contact:

 
 Manroy Plc                         Tel: 01252 874 177 
  Glyn Bottomley, Chief Executive 
  Paul Carter, Finance Director 
 Arbuthnot Securities Limited       Tel: 020 7012 2000 
  Tom Griffiths 
  Ed Groome 
 Tavistock Communications           Tel: 020 7920 3150 
  Baron Phillips 
  Matt Ridsdale 
 

Notes to Editors:

Manroy is a UK based manufacturer of machine guns, mounts and other associated products. A key Ministry of Defence supplier for 26 years, Manroy currently manufactures, supplies and supports:

-- the 12.7mm M2 Heavy Machine Gun ("HMG"), also known as the 0.50" calibre HMG;

-- the 7.62mm General Purpose Machine Gun ("GPMG"); and

-- weapon tripods and mounting systems.

Manroy is focused on the opportunity to derive further value from existing partner relationships and create additional revenue streams by continuing to expand the product offering, and to move into new territories.

Ends

This information is provided by RNS

The company news service from the London Stock Exchange

END

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